Ireland Overhauls Gambling Laws with Focus on Online Platforms

2024-12-25 13:06:51

    Ireland has passed its most comprehensive gambling reform in decades, introducing strict regulations for online operators. The new Gambling Regulation Act establishes a dedicated authority to oversee the industry and enforce compliance with advertising, player protection, and anti-money laundering standards.

    

    Key provisions include mandatory age verification, a ban on credit card payments, and limits on advertising during daytime hours. The law also requires operators to contribute to a social fund for addressing gambling addiction.

    

    Industry stakeholders have welcomed the clarity provided by the new framework but warned that high tax rates could deter international operators. The government remains optimistic about the law’s potential to balance economic benefits with social responsibility.

    

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